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Wizards, Capitals Owner Ted Leonsis Unveils Plan To Move Teams From D.C. To Virginia

  • Ted Leonsis, owner of the NBA’s Washington Wizards and NHL’s Washington Capitals, has a proposed a plan to move the teams to Virginia by 2028.
  • The 66-year-old is also the founder and CEO of Monumental Sports & Entertainment, which released a statement detailing the proposed project Wednesday morning.
  • Hours later, Leonsis joined Virginia Gov. Glenn Youngkin at an event in Alexandria’s Potomac Yard neighborhood where the proposal was discussed.
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